Your home is likely one of your most valuable assets, if not the most valuable one you own. Calling it an asset can feel cold. A home is more than materials and possessions. It’s where we live, gather, create stories, and share lasting memories. But legally, your home is a combination of property types and […]
estate administration
Equal or Fair Distributions: Thoughtful Estate Planning from Austin Estate Planning Attorney Liz Nielsen
Parents generally try to treat all their children fairly. We often assume that fairness means leaving an equal inheritance to each child. However, when it comes to an estate plan “fair” does not always mean “equal.” A thoughtful estate plan considers each child’s unique circumstances to create distributions that truly support their needs. Situations of […]
Homestead Exemptions and Estate Planning from Austin Estate Planning Attorney Liz Nielsen
The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on reducing property taxes and protecting home equity from creditors. While the […]
Whom Should I Tell About My Estate Plan? From Austin Estate Planning Attorney Liz Nielsen
By and large, estate plans are typically private matters that not something everyone in your life needs to know in detail. The decisions about whom to trust with decision-making power and how you plan to distribute your wealth is your business. For married couples, they will naturally know the details of plans they created together. […]